368,349 Shares in iShares Preferred and Income Securities ETF (NASDAQ:PFF) Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 368,349 shares of the company’s stock, valued at approximately $11,581,000. SBI Securities Co. Ltd. owned about 0.08% of iShares Preferred and Income Securities ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in shares of iShares Preferred and Income Securities ETF in the fourth quarter valued at about $27,000. YANKCOM Partnership acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $27,000. Compass Financial Services Inc bought a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $34,000. Hoese & Co LLP acquired a new stake in iShares Preferred and Income Securities ETF during the fourth quarter worth approximately $53,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of iShares Preferred and Income Securities ETF during the third quarter worth approximately $67,000. 4.70% of the stock is owned by institutional investors.

iShares Preferred and Income Securities ETF Trading Up 0.4 %

Shares of NASDAQ PFF opened at $31.85 on Friday. The firm has a market cap of $14.83 billion, a P/E ratio of 3.95 and a beta of 0.60. The business’s 50 day moving average is $31.68 and its 200-day moving average is $32.37. iShares Preferred and Income Securities ETF has a 1-year low of $30.56 and a 1-year high of $33.59.

iShares Preferred and Income Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1755 per share. This is a boost from iShares Preferred and Income Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Preferred and Income Securities ETF Company Profile

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.